OC: Insurance Underwriter

NQF Level 5

Purpose of Qualification

    The purpose of this qualification is to prepare a learner to operate as an Insurance Underwriter. An Insurance Underwriter evaluates and interprets information to protect stakeholders’ interests using specialist technical knowledge to determine, price, manage and transfer risk.

    A qualified learner will be able to:
    • Apply and adhere to operational and administrative procedures and practices.
    • Evaluate the risk information to determine the risk profile and manage risk exposure.
    • Apply basic legal and insurance principles to underwriting recommendations.
    • Apply knowledge of product and pricing to arrive at an equitable underwriting decision.

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